Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago,

User Stats

27
Posts
12
Votes
Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
12
Votes |
27
Posts

Advice for a Newbie and his first potential property

Mark Bascetta
  • Rental Property Investor
  • New Britain, CT
Posted

Hi I just put an offer on my first multifamily and am waiting for a response. I am interested in long term holding and passive income. I have a few related questions, this deal will be FHA, but do I do a 30 year loan to maximize cash flow or do I do a shorter loan to get it paid off quicker? Any other advice for a new guy will be appreciated as I dont have any experience and this is all new to me.

Thank you!

Loading replies...